Breakingviews TV: Up in smoke

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Breakingviews

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A U.S. regulator is suing Altria to unwind its 35% stake in e-cigarette startup Juul. The market has already meted out punishment. The Marlboro maker’s $12.8 bln investment is worth two-thirds less. Jennifer Saba explains why it is a notice to others looking to buy disruptors.



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